Active Stocks in the Spotlight: JPMorgan Chase & Co. (NYSE:JPM), International Paper Co (NYSE:IP), Altera Corporation (NASDAQ:ALTR)

Active Stocks in the Spotlight: JPMorgan Chase & Co. (NYSE:JPM), International Paper Co (NYSE:IP), Altera Corporation (NASDAQ:ALTR)

- in Business & Finance
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On Wednesday, Shares of JPMorgan Chase & Co. (NYSE:JPM), gained 0.10% to $66.85.

Chase Freedom, declared the results of a new survey that reveals that self-gifting is part of the American holiday shopping spirit and other fun holiday shopping habits:

  • Most holiday shoppers (85 percent) ‘gift themselves’ while shopping for others
  • Nearly 60 percent (57 percent) have either spent more on themselves than on those for whom they were shopping or kept something originally purchased for someone else
  • The majority (69 percent) of those who gifted themselves while holiday shopping for others did not have buyer’s remorse and half (48 percent) even felt a sense of happiness
  • Sixty percent of holiday shoppers who have a credit card that offers rewards or points are likely to spend their rewards on gifts for others
  • Seventy-seven percent of holiday shoppers who have a credit card that offers rewards are likely to use the rewards they earn holiday shopping on gifts for themselves

“We are glad to see holiday shoppers treat themselves to something fun in the spirit of the holidays and are not surprised that many savvy shoppers use credit card rewards to gift themselves,” said Naney Pandit, general manager, Chase Freedom.

JPMorgan Chase & Co. provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Administration.

Shares of International Paper Co (NYSE:IP), declined -0.45% to $41.64, during its last trading session.

Hammer mill paper, a brand of International Paper, declared that it will once again partner with St. Jude Children’s Research Hospital for the St. Jude Thanks and Giving campaign, an unprecedented union of celebrities, media and more than 70 of the nation’s leading brands and companies that ask consumers to donate while they shop during the holiday season to assist St. Jude advance research and treatment of childhood cancer.

This is the fifth year the Hammer mill brand has take part in the campaign, which began as a holiday-focused fundraising effort and has grown into an annual tradition that has raised more than $587 million in 11 years thanks to tremendous public support. These funds are critical given that no family ever receives a bill from St. Jude for treatment, travel, housing or food – because all a family should worry about is assisting their child live.

Starting Thanksgiving week and running through the end of the year, customers will see original patient artwork gracing the front of select Hammer mill reams. In addition, customers can read the St. Jude patient’s story on the back of the ream.

International Paper (IP) is a global leader in packaging and paper with manufacturing operations in North America, Europe, Latin America, Russia, Asia and North Africa. Its businesses comprise industrial and consumer packaging together with uncoated papers and pulp. Headquartered in Memphis, Tenn., the company employs about 58,000 people and is plannedally located in more than 24 countries serving customers worldwide. International Paper net sales for 2014 were $24 billion.

International Paper Company operates as a paper and packaging company in North America, Europe, Latin America, Russia, Asia, Africa, and the Middle East. The company operates through three segments: Industrial Packaging, Printing Papers, and Consumer Packaging.

Finally, Shares of Altera Corporation (NASDAQ:ALTR), ended its last trade with -0.02% loss, and closed at $52.81.

Altera Corporation, declared the availability of the Altera® Functional Safety Lockstep solution for the Nios® II embedded processor, a solution that reduces risk in design cycles and assists system designers simplify certification for industrial and automotive safety applications. The joint Altera and YOGITECH lockstep solution is built using Altera FPGAs, SoCs, and certified tool flows, together with intellectual property (IP) cores from YOGITECH, a functional safety leader based in Pisa, Italy. This solution enables customers to easily implement SIL3 safety designs in Altera FPGAs, counting the low-cost Cyclone® V FPGA and MAX® 10 FPGA families. The solution is being demonstrated at the SPS IPC Drives conference in Nuremberg, Germany, from November 24 to 26 at the Altera stand (Hall 3, Stand #270).

The lockstep solution leverages YOGITECH’s industry-leading fR Smart Comp technology to provide high diagnostic coverage, self-checking and advanced diagnostic features for safety-related integrated circuits, in full compliance with functional safety standards IEC 61508 and ISO 26262. The fRSmartComp technology, which is used in conjunction with Altera’s flexible Nios II embedded processors, provides diagnostic coverage greater than 99 percent without the need for difficult-to-develop ad hoc tests, speeding time-to-market.

“Developing systems based on products that already comply with the stringent safety requirements and standards required for industrial applications makes our customers’ design challenges easier,” said Roger May, system architect and functional safety lead at Altera. “This lockstep solution enables designers to take advantage of the flexibility of the already-certified Nios II processor to quickly bring their solution to market while meeting strict safety requirements, reducing risk in design cycles.”

Altera Corporation, a semiconductor company, designs and sells programmable logic devices (PLDs), Hard Copy application-specific integrated circuit (ASIC) devices, power system-on-chip devices (PowerSoCs), pre-defined design building blocks, and associated development tools.

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